Jamaica Banking Rates > CD Rates

Jamaica CD Rates

Roller coasters can be fun, but they can also make you sick to your stomach. Right now, the American economy is taking the world on the most nauseating ride of our lives. With the stock market officially in turmoil and with a recession hedging, low-risk investments seem to be the best way to go. Investigate the highest rates on CDs in Jamaica and find a safe way to stow your money.

A high rate CD in Jamaica can provide a safe haven for you money in this otherwise turbulent time. Protect yourself against future inflation by hoarding all the pennies you can and investing your money for growth.

Current Jamaica CD Rates News

03/09/10

Fed tells Florida bank to raise capital or find buyer

Within 30 days, Horizon Bank also must submit an acceptable plan and timetable to the Federal Reserve Bank of Atlanta for conforming interest rates paid on ...

03/09/10

OTS lifts order on First Marblehead's bank unit

Private student loans aren't guaranteed by the government and carry higher interest rates. As the recession worsened, more customers have fallen behind ...

Best Jamaica CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
2.75% As of October 22, 2009	View Rate Details	Montauk Credit Union	CD Account
2.32% As of February 8, 2010	View Rate Details	Mizuho Corporate Bank (USA)	CD Account
2.15% As of January 12, 2010	View Rate Details	Nassau Educators Credit Union	CD Account
2.15% As of October 22, 2009	View Rate Details	Westchester Credit Union	CD Account
2.01% As of January 12, 2010	View Rate Details	Long Island State Employees Credit Union	CD Account

	Rate Change	Date
North Shore Lij Health System Credit Union - 6 Month CD Account	1.35% to 1.25%	Mar 5, 2010
Municipal Credit Union - 6 Month CD Account	1.00% to 0.75%	Mar 5, 2010
Provident Municipal Bank - 6 Month CD Account	0.90% to 0.50%	Mar 5, 2010
Lij Employees Credit Union - 6 Month CD Account	1.35% to 1.25%	Mar 4, 2010
Ibm Metro Employees Credit Union - 6 Month CD Account	1.51% to 1.51%	Mar 3, 2010

See All CD Account Rates

Best CD Rates, IRAs and Investments in Jamaica

Jamaica Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Jamaica credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Jamaica Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Jamaica, NY

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Jamaica Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

More From Our Partners

Recent CD Rates Articles from Go Banking Rates

Check Rates in These Cities Near Jamaica:

Serving the Following Jamaica Zip Codes:

Mount Vernon	Long Island	Buffalo
Manhattan	Brooklyn	Rochester
Staten Island	Yonkers	Flushing
Great Neck	Albany	Syracuse
Long Island City	White Plains	Bronx

11405, 11411, 11412, 11413, 11414, 11415, 11416, 11417, 11418, 11419, 11420, 11421, 11422, 11423, 11424, 11425, 11426, 11427, 11428, 11429, 11430, 11431, 11432, 11433, 11434, 11435, 11436, 11439, 11451, 11499

Other Jamaica Specials: Jamaica Insurance Rates